Trump Wants Asia's ‘Cute' Kei Cars to be Made and Sold in US [Yahoo! Finance Canada]
Toyota Motor Corporation (TM)
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Source: Yahoo! Finance Canada
However, while the ultra-compact cars are highly popular in Asia, they currently don't meet federal standards for new vehicles in the US. A law that allows cars older than 25 years to be imported to the US, even if they don't meet crash safety standards, has led to a cult following among American enthusiasts. However, they're restricted to low speeds on private land in some states, and prohibited altogether in others, the main concern being that they're too small, slow and weak to be driving among the hulking trucks and SUVs ubiquitous on American roads. “The reason Japanese car makers don't make or sell kei cars in the US is business feasibility,” said Bloomberg Intelligence senior auto analyst Tatsuo Yoshida. The market exists but remains niche, Yoshida said. “Pricing and costs don't match.” Kei cars, which are tailored to narrow roads with an affordable price tag to match their size, account for about one-third of all new vehicle sales in Japan. In response to Trump's la
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- Humiliation Overseas Was Shot In Arm For Toyota's Design Revolution [Forbes]Forbes
- Trump Orders Approval For Mini 'Kei' Cars To Be Built In America [zero hedge]zero hedge
- Perrone Robotics' Patent Lawsuits Over Driver-Assistance Software Could Be A Game Changer For Toyota Motor (TSE:7203) [Yahoo! Finance]Yahoo! Finance
- Trump wants Asia's pint-sized kei cars to be made and sold in the U.S. [Los Angeles Times (CA)]Los Angeles Times
- Tesla makes first appearance in Consumer Reports' top 10 reliability rankings [Los Angeles Times (CA)]Los Angeles Times
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